Sign up
AP Microeconomics · Lessons

AP Microeconomics lessons

6 sections · 36 skills · work through the full outline skill by skill — read the long-form lesson or flip through the slide-style version.
Long-form lessonsSlide-style lessons

AP Microeconomics

Practice 36 skills across this outline.

Recommended next
Introduction to Factor Markets
Factor Markets
Long-form lesson
Weighting distribution
6 categories
Factor Markets
17%
Supply and Demand
17%
Basic Economic Concepts
17%
Imperfect Competition
17%
Market Failure and Role of Government
17%
Production, Cost, and Perfect Competition Model
17%

Skills

The comprehensive taxonomy of ap microeconomics — drill into a card to work its skills.

Factor Markets

4 core skills17% total weight
0/4 completed
4 skills to mastery
1
Introduction to Factor MarketsRecommended
Long-form
2
Profit-Maximizing Behavior in Factor MarketsAvailable
Long-form
3
Changes in Factor Demand and SupplyAvailable
Long-form
4
Monopsonistic MarketsAvailable
Long-form

Supply and Demand

9 core skills17% total weight
0/9 completed
9 skills to mastery
1
Market Equilibrium and Consumer/Producer SurplusAvailable
Long-form
2
Price Elasticity of SupplyAvailable
Long-form
3
DemandAvailable
Long-form
4
Effects of Government Intervention in MarketsAvailable
Long-form
5
International Trade and Public PolicyAvailable
Long-form
6
Market Disequilibrium and Changes in EquilibriumAvailable
Long-form
7
Other ElasticitiesAvailable
Long-form
8
Price Elasticity of DemandAvailable
Long-form
9
SupplyAvailable
Long-form

Basic Economic Concepts

6 core skills17% total weight
0/6 completed
6 skills to mastery
1
Cost-Benefit AnalysisAvailable
Long-form
2
Comparative AdvantageAvailable
Long-form
3
ScarcityAvailable
Long-form
4
Marginal Analysis and Consumer ChoiceAvailable
Long-form
5
Production Possibilities CurveAvailable
Long-form
6
Resource Allocation and Economic SystemsAvailable
Long-form

Imperfect Competition

5 core skills17% total weight
0/5 completed
5 skills to mastery
1
Introduction to Imperfectly Competitive MarketsAvailable
Long-form
2
Price DiscriminationAvailable
Long-form
3
Monopolistic CompetitionAvailable
Long-form
4
MonopolyAvailable
Long-form
5
Oligopoly and Game TheoryAvailable
Long-form

Market Failure and Role of Government

5 core skills17% total weight
0/5 completed
5 skills to mastery
1
Socially Efficient and Inefficient Market OutcomesAvailable
Long-form
2
ExternalitiesAvailable
Long-form
3
Government Intervention in Different Market StructuresAvailable
Long-form
4
InequalityAvailable
Long-form
5
Public and Private GoodsAvailable
Long-form

Production, Cost, and Perfect Competition Model

7 core skills17% total weight
0/7 completed
7 skills to mastery
1
Firms' Short and Long-Run DecisionsAvailable
Long-form
2
Long-Run Production CostsAvailable
Long-form
3
Perfect CompetitionAvailable
Long-form
4
Profit MaximizationAvailable
Long-form
5
Short-Run Production CostsAvailable
Long-form
6
The Production FunctionAvailable
Long-form
7
Types of ProfitAvailable
Long-form